10 Amendments of Ramon TREMOSA i BALCELLS related to 2010/2078(INI)
Amendment 4 #
Motion for a resolution
Recital D a (new)
Recital D a (new)
Da. whereas the exchange rate for the renminbi against the euro was misaligned by the Chinese authorities during 2009, with an artificial strong euro against the Chinese currency,
Amendment 19 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Considers that the financial crisis in Greece and other countries within the euro area is a serious matter for the euro area as a whole and reflects a certain dysfunction of the euro zone; calls for these countries to start deep reforms to correct it;
Amendment 42 #
Motion for a resolution
Paragraph 11 a (new)
Paragraph 11 a (new)
11a. Recommends that the ECB enhance the transparency of its work in order to increase its legitimacy and predictability, in particular by publishing the minutes of the meetings of the Governing Council. Such transparency is also needed as regards the internal models used to value illiquid collateral and as regards the valuations assigned to specific securities offered as collateral;
Amendment 44 #
Motion for a resolution
Paragraph 12 a (new)
Paragraph 12 a (new)
12a. Welcomes the conferral of legal personality on the Eurogroup by the Lisbon Treaty, and the participation of the ECB in its meetings;
Amendment 46 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Welcomes the proposal to establish a European Systemic Risk Board (ESRB), which will close the current gap in macro- prudential supervision; calls on the ECB to establish clear models and definitions to ensure the effective functioning of the ESRB; adds that any new tasks conferred upon the ECB with regard to the ESRB shouldwill not compromise the independence of the ECB in any way;
Amendment 49 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Notes that the concept whereby the ESRB only gives warnings and recommendations with no actual enforcement is not satisfactory in terms of effective implementation and responsibility; Regrets that the ESRB cannot declare the emergency by itself;
Amendment 50 #
Motion for a resolution
Paragraph 15 a (new)
Paragraph 15 a (new)
15a. Welcomes the proposal of holding hearings in front of the European Parliament of the Chair of the ESRB, in a different framework than the Monetary Dialogues;
Amendment 67 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Underlines that the lack of credit reaching the real economy, specifically for SMEs, stemmed more from lower demand due to diminished activity in the real economy than from the reluctance of banks to grant credit;
Amendment 84 #
Motion for a resolution
Paragraph 26 a (new)
Paragraph 26 a (new)
26a. Points out that, during a period of high level exchange rate volatility, the euro has increased its strength, particularly against the US dollar and the Renminbi, and expresses concern that this could have a detrimental effect on the competitiveness of the Euro area;
Amendment 92 #
Motion for a resolution
Paragraph 29
Paragraph 29
29. Believes that the adoption of the euro by Estonia shows the status of the euro despite the public debt crisis; Believes that the mentioned status will encourage Member States to seek membership of the Euro Area;